Just found out the Inverse Cramer ETF actually shut down back in February. So basically there was this whole thing where Tuttle Capital created an ETF specifically to bet against Jim Cramer's stock picks - like they literally built a fund to short whatever he recommended on TV. Kind of wild when you think about it.



Turns out the timing was brutal though. Cramer kept pushing the Magnificent 7 stocks (Apple, Amazon, Microsoft, all that) and those things absolutely ripped. So an inverse Cramer fund would have gotten destroyed. The CEO Matthew Tuttle said they started it to expose how dangerous following TV stockpickers can be, but the Mag 7 just kept winning and killed the whole thesis.

Tuttle used this perfect analogy - 'a broken clock is right twice a day' - basically saying even a bad stock picker gets lucky sometimes. He mentioned they were too busy with other products to keep running it, especially since shorting Cramer wasn't working when his Mag 7 picks were on fire. Apparently they've got other inverse ETFs now for regional banks and stuff, but the original inverse Cramer play just couldn't compete with how well those mega-cap stocks did.

It's actually kind of funny - the fund existed to prove Cramer was wrong, but his picks were so right that it killed the entire business model. You can't really bet against someone when they're on the right side of the biggest market trend.
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